Shares of Safehold SAFE traded flat in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share rose 86.67% year over year to $0.28, which were in line with the estimate of $0.28.
Revenue of $38,000,000 higher by 70.33% from the same period last year, which missed the estimate of $38,430,000.
Guidance
Safehold hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Oct 22, 2020
Time: 10:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/o5jn542n
Recent Stock Performance
52-week high: $67.31
52-week low: $31.83
Price action over last quarter: Up 35.03%
Company Overview
Safehold Inc is a real estate company. It is formed primarily to acquire, own, manage, finance and capitalize ground net leases (GNLs). GNLs generally represent ownership of the land underlying commercial real estate projects that is net leased by the fee owner of the land to the owners/operators of the real estate projects built thereon. The company has a diverse initial portfolio that is comprised of over 34 properties located in major metropolitan areas that were acquired or originated by iStar.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.